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Brent Crude Price Falls to Lowest Point Since August 11 Amid US Elections

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The price of Brent crude oil fell to the lowest point since August 11, losing 3 percent and trading at $44.49 per barrel early on Wednesday on the background... 09.11.2016, Sputnik International

2016-11-09T05:50+0000

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Brent Crude Price Falls to Lowest Point Since August 11 Amid US Elections

05:50 GMT 09.11.2016

CC BY 2.0 / Justin Vidamo / The Burning of the SkyOil pump jack

CC BY 2.0 / Justin Vidamo / The Burning of the Sky

The price of Brent crude oil fell to the lowest point since August 11, losing 3 percent and trading at $44.49 per barrel early on Wednesday on the background of the news about Republican candidate Donald Trump's leadership in several key states in the course of voting in the US presidential elections.

Supporters of Democratic presidential nominee Hillary Clinton watch and wait, with a Donald Trump image on a screen at rear, at her election night rally in New York, U.S., November 8, 2016 - Sputnik International

Canadian Migration Dept Website Crashes as Trump Leads US Presidential Election

9 November 2016, 05:36 GMT

MOSCOW (Sputnik) – At the same time, December futures prices for WTI crude oil fell 3.78 percent to $43.28 per barrel – the lowest point since September 20.

Trump and Democrat Hillary Clinton are the two main candidates in the US presidential election. According to the latest data, Trump is leading in a number on key states, such as Florida, Ohio and North Carolina, which makes his chances of success significant.

According to The New York Times’ Upshot project, the chances of Trump winning the election now stand at over 95 percent.